TO REGULATORY AGREEMENT Sample Clauses

TO REGULATORY AGREEMENT. Special Conditions In the event of any inconsistencies or conflicts between these Special Conditions and the terms of this Agreement or any of the other Loan Documents, the terms of these Special Conditions shall control. Requirements for project-based Rental Assistance (paragraph 10.d). The following Units shall be covered by project-based rent subsidies: No. of Units Bedrooms Assistance Program MHP Income Limit Required Reserves (paragraph 18). Replacement Reserves (paragraph 18.a). 1 2 Annual Deposit Amount3: $ [ ] based on .006 times $ [ ] based on a physical needs assessment Initial Capitalization Amount: $ Withdrawals Require Prior Department Approval: Yes Operating Reserve (paragraph 18.b). Deposit Amount: $ per month Initial Capitalization Amount: $ Date of Deposit: [close of escrow or __?] Withdrawals Require Prior Department Approval? YES Other Reserves (paragraph 18.c). If applicable, approved transition reserve account established to prevent tenant displacement resulting from the termination of rent subsidies. Name: Deposit Amount: $ per Initial Capitalization Amount: Withdrawals Require Prior Department Approval? Name: Deposit Amount: $ per Initial Capitalization Amount: Withdrawals Require Prior Department Approval? [ADD language for Unfunded Transition Reserves; otherwise delete.]
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TO REGULATORY AGREEMENT. Special Conditions In the event of any inconsistencies or conflicts between these Special Conditions and the terms of this Agreement or any of the other Loan Documents, the terms of these Special Conditions shall control. Requirements for project-based Rental Assistance (paragraph 10.d). The following Units shall be covered by project-based rent subsidies: No. of Units Bedrooms Assistance Program MHP Income Limit Required Reserves (paragraph 18). Replacement Reserves (paragraph 18.a). 1 2 Annual Deposit Amount3: $ [ ] based on .006 times $ [ ] based on a physical needs assessment [ ] based on other formula: Initial Capitalization Amount: $ Withdrawals Require Prior Department Approval: Yes 1 The Department defers to the reserve requirements of the HUD capital advance grant (“Grant”) for the term of the Grant, however upon termination of the Grant, reserve requirements will revert to the Department’s requirements. [use footnote only for HUD-811, delete otherwise]
Sample 1

Related to TO REGULATORY AGREEMENT

  • Regulatory Agreement The Project is, as of the date of origination of the Funding Loan, in compliance with all requirements of the Regulatory Agreement to the extent such requirements are applicable; and the Borrower intends to cause the residential units in the Project to be rented or available for rental on a basis which satisfies the requirements of the Regulatory Agreement, including all applicable requirements of the Act and the Code and the Regulations, and pursuant to leases which comply with all applicable laws.

  • Compliance Agreement A written agreement between Plant Protection and Quarantine and a person engaged in the business of growing, handling, or moving regulated articles, in which the person agrees to comply with the pro- visions of this subpart and any condi- tions imposed pursuant to such provi- sions.

  • Reporting and Documenting Breaches 6.1 Business Associate shall Report to Covered Entity any Breach of Unsecured PHI as soon as it, or any Person to whom PHI is disclosed under this Agreement, becomes aware of any such Breach, and in no event later than five (5) business days after such awareness, except when a law enforcement official determines that a notification would impede a criminal investigation or cause damage to national security. Such Report shall be timely made notwithstanding the fact that little information may be known at the time of the Report and need only include such information then available.

  • Governing Law, Regulatory Authority, and Rules The validity, interpretation and enforcement of this Agreement and each of its provisions shall be governed by the laws of the state of New York, without regard to its conflicts of law principles. This Agreement is subject to all Applicable Laws and Regulations. Each Party expressly reserves the right to seek changes in, appeal, or otherwise contest any laws, orders, or regulations of a Governmental Authority.

  • Cooperation on forestry matters and environmental protection 1. The aims of cooperation on forestry matters and environmental protection will be, but not limited to, as follows: (a) establishing bilateral cooperation relations in the forestry sector; (b) developing a training program and studies for sustainable management of forests; (c) improving the rehabilitation and sustainable management of forest with the aim of increasing carbon sinks and reduce the impact of climate change in the Asia-Pacific region; (d) cooperating on the execution of national projects, aimed at: improving the management of forest plantations for its transformation for industrial purposes and environmental protection; (e) elaborating studies on sustainable use of timber; (f) developing new technologies for the transformation and processing of timber and non-timber species; and (g) improving cooperation in agro-forestry technologies. 2. To achieve the objectives of the Article 149 (Objectives), the Parties may focus, as a means of cooperation and negotiations on concluding a bilateral agreement on forestry cooperation between the two Parties. Such collaboration will be as follows: (a) exchanges on science and technology as well as policies and laws relating the sustainable use of forest resources; (b) cooperation in training programs, internships, exchange of experts and projects advisory; (c) advice and technical assistance to public institutions and organizations of the Parties on sustainable use of forest resources and environmental protection; (d) facilitating forest policy dialogue and technical cooperation under the Network of Sustainable Forest Management and Forest Rehabilitation in Asia- Pacific Region, initiated at the 15th Asia Pacific Economic Cooperation (APEC) Meeting; (e) encouraging joint studies, working visits, exchange of experiences, among others; and (f) others activities mutually agreed.

  • Cooperation Agreement At the Closing, PCC and Buyer shall, and PCC shall cause PCC Parent to, execute and deliver the Cooperation Agreement pursuant to which Buyer, PCC Parent and PCC shall provide each other certain information and other assistance in connection with the collection, administration and/or satisfaction of certain of the Retained Liabilities.

  • Authority for Agreement The execution and delivery by the Company of this Subscription Agreement and the consummation of the transactions contemplated hereby (including the issuance, sale and delivery of the Securities) are within the Company’s powers and have been duly authorized by all necessary corporate action on the part of the Company. Upon full execution hereof, this Subscription Agreement shall constitute a valid and binding agreement of the Company, enforceable against the Company in accordance with its terms, except (i) as limited by applicable bankruptcy, insolvency, reorganization, moratorium, and other laws of general application affecting enforcement of creditors’ rights generally, (ii) as limited by laws relating to the availability of specific performance, injunctive relief, or other equitable remedies and (iii) with respect to provisions relating to indemnification and contribution, as limited by considerations of public policy and by federal or state securities laws.

  • Approval of Agreement The Board of Directors of the Company has authorized the execution and delivery of this Agreement by the Company and has approved this Agreement and the transactions contemplated hereby.

  • By agreement if the Distributor and the Retailer agree to the proposed change they will promptly sign a written variation to this agreement documenting the change, and this agreement will be deemed to have been changed on the date the variation is signed by the Distributor and Retailer or on such other date as specified in the variation; and

  • PERMITTING AND LICENSURE At Grantee's sole expense, Grantee shall procure and maintain for the duration of this Contract any state, county, city, or federal license, authorization, insurance, waiver, permit, qualification or certification required by statute, ordinance, law, or regulation to be held by Grantee to provide the goods or services required by this Contract. Grantee shall be responsible for payment of all taxes, assessments, fees, premiums, permits, and licenses required by law. Grantee shall be responsible for payment of any such government obligations not paid by its Subcontractors during performance of this Contract.

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